Preparation for Retirement: The Role of the Employer Available to Purchase

Retirement is a relatively new phenomenon. An increasing number of employees are being encouraged to retire early due to social and economic factors. The findings of a survey of 52 organisations (17 public sector, 35 private sector) with either head office or divisional bases in the northwest of England are discussed. It seems that the number of organisations offering preparation for retirement (pfr) is increasing. It is most commonly offered in larger organisations. Pfr should consider psychological and philosophical matters as well as mundane issues. There is a need to improve techniques and methods currently employed in the evaluation of pfr.